Audit Committee Responsibilities for Internal Controls - Webinar By GlobalCompliancePanel

Audit Committee Responsibilities for Internal Controls - Webinar By GlobalCompliancePanel

Overview: With the advent of the Sarbanes-Oxley Act, audit committees are under increased scrutiny for helping management set the tone at the top and ensuring internal controls are documented and tested.

As a matter of fact, the Audit Committee has the PRIMARY responsibility for oversight of internal controls. One thing audit committee member should expect is to have a clear understanding of their responsibilities in today's regulatory environment.

Why you should attend: In the wake of corporate failures and the Sarbanes-Oxley Act, great strides must be taken by Audit Committees to properly carry out responsibilities. A clear understanding of what is expected is important, particularly as it relates to an organization's audit committee charter and regulatory requirements such as the Sarbanes-Oxley Act, the SEC, and the PCAOB (with regards to auditor appointment) and the related responsibilities for documenting and testing internal controls over financial reporting. Audit committees need to understand what tools and resources are available to them.

In the wake of corporate failures and the Sarbanes-Oxley Act, great strides must be taken by Audit Committees to properly carry out responsibilities. A clear understanding of what is expected is important, particularly as it relates to an organization's audit committee charter and regulatory requirements such as the Sarbanes-Oxley Act, the SEC, and the PCAOB (with regards to auditor appointment) and the related responsibilities for documenting and testing internal controls over financial reporting. Audit committees need to understand what tools and resources are available to them.

Areas Covered In the Seminar:

Regulatory Update

Financial Expert Requirement

Interaction with Internal Audit/Evaluators

Risks, Hotline Complaints

Audit Committee's Role in SOX Section 302

Audit Committee's Role in SOX Section 404(a)

Audit Committee Charter and Calendar of Events

Who will benefit: This webinar will provide valuable assistance to:

Audit Committee Members in Public Companies

CFOs

CPAs

Board members

Corporate Governance Professionals

Internal Audit

General Counsel

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